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20130313
20130321
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CNBC
Mar 13, 2013 3:00pm EDT
, the day after paul ryan came out with his budget blueprint. so we may hear from him as well, in addition finding out who the new pope is. >> let's go back to our market discussion. larry, you heard what ed just said. it sounds like you disagree with that. you think there's some value in this market. >> absolutely. i love the way larry put it. the passover rally. but one of the things that larry said is spot-on. in terms of technical evaluation, we're probably getting up against a resistance level, where we might not see us break through that, so we could start to see the market come back down a little bit in the short run. but you said, not a lot of value. baa that is exactly the point. there is a lot of value in this market. i actually think stocks are very inexpensive relative to expected earnings. when you look at stock prices, you look at it from a fundamental evaluation or a technical evaluation. fundamentally, stocks are cheap interest rates are low, and there's no reason for this market to pull back, except for technical reasons. >> if you're just joining us, we're waitin
CNBC
Mar 13, 2013 4:00pm EDT
, yesterday we got the house republican budget from paul ryan, which balanced the budget over ten years, with all spending cuts. today we got the senate democrat's budget from patty murray, chairman of the budget committee. hers doesn't balance the budget, but reduces the deficit over a ten-year period, using both tax increases and spending cuts. and she said it's up to the american people to pick an approach. >> they will let us know whether they want us to go back down the path of the trickle down policies that decimated the middle class and threw our economy into a tailspin, or if they would prefer the approach we've seen has worked before. tackle our deficit responsibly, reinvest in our middle class, build a strong foundation for growth, and restore the promise. >> but, of course, appealing to public opinion is part of the outside game, and that's only one aspect of this fight. there's also the inside game, because president obama went up to the hill today to continue his outreach to members of congress. he spoke to the house republican caucus. afterwards, speaker john boehner did a
Search Results 0 to 1 of about 2